- Why Employers Need To Help Workers Deal With Income Volatility
- LendingClub Appoints Patty McCord to its Board of Directors
- Credit Karma adds Gannesh Bharadhwaj as General Manager, Credit Cards
- Runway Growth Credit Fund Successfully Closes $275 Million Equity Offering with Increased Investment from Oaktree Funds
- Assetz Capital launches IFISA wrapper
- Cyberattack brings a cryptocurrency exchange to its knees
- Sallie Krawcheck’s Ellevest Expands Suite of Products & Services
JoinedMay. 30, 2017
Articles5,303
Comments63
This piece was created by one of our content team members. Reach us at [email protected]
Remittances is a huge business with over $600 billion remitted every year; the fintech startups currently leading are WorldRemit, TransferWise and Remitly; the WSJ breaks down the various offerings as well as the other players in the industry; includes data on the remittance market across the globe and trends in the industry. Source
LongFin is a microcap stock which rose 2600% after it debuted last week; the company announced last week it bought Ziddu.com, a blockchain micro-lending solutions provider; the stock has had more than a dozen trading halts after the price gains; LongFin plans to offer services to importers and exporters on the blockchain with the acquisition. Source
Nominations for the LendItFintech Industry Awards Dinner are now open. The dinner will be held on April 10, 2018 at One Market in San Francisco and the event will celebrate 500+ Fintech influencers and innovations and their outstanding achievements in 21 categories. We encourage fintech companies from around the world to apply for the categories that are the best fit. Source
As part of their SoFi ReFi program, SoFi will now offer a six-month grace period for new graduates; typically refinancing student debt has meant that graduates must give up their grace period on loans. Source
- ModusLink Announces Acquisition of IWCO Direct for $476 Million in Cash
- Fiserv teams with TransUnion for loan origination system
- City of London Group to launch challenger bank
- MarketInvoice touts double-digit returns for 2017
- Finiata Closes €18M Financing Round
- BorsadelCredito.it Raises €1.6M in Funding
- Upstart's First SaaS Partner
Since its inception, LendItFintech, a sister company to Lend Academy, has been more than just a conference producer. We pride...
The Independent Community Bankers of America have expressed concern about Square’s plans for a bank charter; they believe it would set a precedent for other tech companies like Amazon; According to Jacqueline Reses, Amazon and Facebook haven’t expressed interest in a banking license and they would have to be evaluated on their own merits; Square also recently met with the National Community Reinvestment Coalition to address concerns with the Community Reinvestment Act. Source
A new study has found that borrowers in China are taking out loans from multiple platforms; of 61 online lenders in the study, 44% of their customers borrowed from multiple sources; it is difficult to prevent against this since p2p lenders don’t have access to all of the credit data of their borrowers and there is no centralized place for platforms to share data; the study was done by the Beijing Internet Finance Industry Association. Source
The CEO and Co-Founder of Nav talks small business finance and how his company is helping small business owners become more successful. Source